American Capital Agency (NASDAQ:AGNC) : Currently there are 7 street experts covering American Capital Agency (NASDAQ:AGNC) stock. The most bullish and bearish price target for the stock is $23 and $16 respectively for the short term. The average price target of all the analysts comes to $20.71. The estimated standard deviation from the target is $2.36.
Shares of American Capital Agency Corp. rose by 3.82% in the last five trading days and 5.52% for the last 4 weeks. American Capital Agency Corp. is up 9.2% in the last 3-month period. Year-to-Date the stock performance stands at 22.09%.
American Capital Agency (NASDAQ:AGNC) : 4 brokerage houses believe that American Capital Agency (NASDAQ:AGNC) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on American Capital Agency (NASDAQ:AGNC). Zacks Investment Research suggests a Strong Buy with a rank of 1.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 1.88.
American Capital Agency (NASDAQ:AGNC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.50 and $19.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.82, notching a gain of 1.90% for the day. The total traded volume was 4,799,698 . The stock had closed at $19.45 on the previous day.
In an insider trading activity,The officer (SVP and Chief Risk Officer) of American Capital Agency Corp, Federico Peter J sold 975 shares at $18.8 on June 13, 2016. The Insider selling transaction had a total value worth of $18,330. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Companys income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Companys investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). It also invests in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank and in other agency securities. The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.